LIC will become either the largest or third-largest listed stock in the domestic markets and will get a quick entry into MSCI and FTSE indices
Says previous IRDAI chief retired in May 2021 and FinMin had been planning the IPO well before chief's post fell vacant, but did not name a successor even after 8 months
Capital Small Finance Bank and Jesons Industries, a manufacturer of speciality coating emulsions, have received markets regulator Sebi's go ahead to raise funds through initial public offerings (IPOs)
Moving one step closer to initial public offering (IPO), LIC on Sunday filed draft papers with the market regulator Securities and Exchange Board of India (SEBI)
Landing the listing, which is slated for next month, will test India's capital markets at a time when about $5 trillion has been wiped out from global equities
Sebi's approval for LIC IPO is expected to come in three weeks. The DHRP of the LIC IPO does not reveal the size of the IPO, but it is 100 per cent OFS with no fresh issue
Tata Sons, the holding company of the group, is likely to remove the age limit for Tata Trusts nominees on its board. More on that in our morning wrap.
LIC IPO would be the biggest IPO in the history of Indian stock market; DRHP has been filed today with the SEBI, says DIPAM secy
The company's existing shareholders, including founder TVS Mobility Pvt. and investors Gateway Partners and Tata Capital Financial Services Ltd., plan to sell as many as 59.48 million shares
LIC IPO: After approval from the insurance regulator, the draft will be checked again and placed before the LIC board on Sunday
LIC IPO: Banks plan to file the draft IPO prospectus with the markets regulator by the first week of December, once the embedded value of the firm is finalised, say sources
LIC IPO: Bankers, government officials and LIC staff are working around the clock to complete the preparatory work for the IPO and ensure there's enough demand for the mega sale
The government is unlikely to come up with LIC IPO in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time
The LIC IPO is expected to become the biggest one in India
LIC IPO: Profit after tax (PAT) went up 6.9 per cent to Rs 2,906.77 crore in FY21, its annual report showed.
LIC IPO: The government plans to list LIC, which is held to be the country's largest listing, in the last quarter this financial year
LIC IPO: DPIIT will soon try to approach the Union Cabinet to seek its approval on changes in the FDI policy to facilitate disinvestment of LIC, a top government official said
LIC IPO: Market valuation of listed life insurance peers is 3-4x their EV, but govt pushing for Rs 15 trn
The valuation of the mega LIC IPO could be around Rs 15 trillion. Here's all you need to know about LIC IPO
Kids Clinic India Ltd, which operates super-specialty mother and babycare chain Cloudnine, has filed preliminary prospectus with Sebi to raise Rs 1,200 crore through an initial share-sale